42% APR from shorting a yield bearing RWA stablecoin?
Yeah you read that right...
By doing 10 loops in @0xCoinshift csUSDC/wUSDL Vault on @MorphoLabs you can get APR as high as
• 42.10% APR (with Points)
• 21.51% APR (without Points)
(These are based on the 1 month average yield, with the current yield this loop is over 60% APR 👀)
The interesting thing with this strategy is that you are actually shorting a yield-bearing RWA stablecoin because the yield earned on csUSDC is higher than yield accrued by wUSDL
Let me walk you through the details... 👇
Yeah you read that right...
By doing 10 loops in @0xCoinshift csUSDC/wUSDL Vault on @MorphoLabs you can get APR as high as
• 42.10% APR (with Points)
• 21.51% APR (without Points)
(These are based on the 1 month average yield, with the current yield this loop is over 60% APR 👀)
The interesting thing with this strategy is that you are actually shorting a yield-bearing RWA stablecoin because the yield earned on csUSDC is higher than yield accrued by wUSDL
Let me walk you through the details... 👇
